The Real Deal Miami

Posts Tagged ‘charles rutenberg’

  • Home sales in Broward and Palm Beach counties continue to outpace the national market, but it’s still a question as to whether the sales surge will continue. “We’re affordable again, and that makes a difference,” said David Dweck of Charles Rutenberg Realty in Fort Lauderdale. Part of the reason for the sales wave is renewed interest on the part of investors willing to pay cash. Because they are less sensitive to the economy, the binge would continue, according to Greg McBride, a senior financial analyst with Bankrate.com in North Palm Beach. Sales won’t decline, he said, “unless the economy completely rolls over.” [Sun Sentinel]
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  • New single-family home sales dropped 21.5 percent nationwide in September, compared to the same month a year earlier, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s seasonally-adjusted rate of sales reached 307,000, up 6.6 percent from August. The median sales price climbed significantly month-over-month, reaching $223,800, up from $204,700. TRD

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  • New U.S. single-family home sales<

    October 28, 2010 12:45PM

    New single-family home sales dropped 21.5 percent nationwide in September, compared to the same month a year earlier, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s seasonally-adjusted rate of sales reached 307,000, up 6.6 percent from August. The median sales price climbed significantly month-over-month, reaching $223,800, up from $204,700. TRD

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  • Housing data one big puzzle, broker says

    October 29, 2009 02:06PM


    With the glut of housing data and statistics available, it’s difficult to know which figures give the most accurate representation of home sales and prices. Douglas Heddings, president of Manhattan-based Heddings Property Group at Charles Rutenberg Realty told Fox Business News that it’s unwise for both homebuyers and mortgage lenders to rely on monthly national data to determine housing trends. The data “can be incredibly confusing to the buying and selling public,” Heddings said. “The lenders looking at all of the [markets] exactly the same is a negative but it is, in fact, the case.”

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